Retirement
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If you work for Uncle Sam and you don't like your benefits package, you need help. Senior Correspondent Mike Causey has just the person to talk to.
May 10, 2017 -
One of the tough choices for people turning 65 can be both important and expensive, says Senior Correspondent Mike Causey, namely choosing to purchase Medicare Part B coverage or not.
May 09, 2017 -
OPM took longer in April to process retirement claims within 60 days compared to other months throughout the year. The agency processed 27 percent of the retirement claims it received in April within the standard 60 days or less, well below the 77 percent processing rate OPM posted in March. OPM also received slightly fewer retirement claims last month compared to April 2016.
May 08, 2017 -
The Thrift Savings Plan rebounded in April from its slight March downturn. Every fund posted positive returns, and most came in higher than the previous month.
May 01, 2017 -
Every time federal workers hear about a private company freezing its pension plan, they feel a distinct chill. Senior Correspondent Mike Causey wonders if feds are feeling a little cold these days.
May 01, 2017 -
People are asking Jeff Neal, former chief human capital officer at the Homeland Security Department, if they should take a buyout. His answer: It depends.
April 26, 2017 -
Senior Correspondent Mike Causey says now that EPA is handing out buyouts, it's likely other agencies will follow suit.
April 21, 2017 -
The EPA said it will continue an external hiring freeze as part of its efforts to meet the White House's government reorganization directive.
April 19, 2017 -
If you are worried about the status of Social Security, maybe you are onto something, says Senior Correspondent Mike Causey.
April 17, 2017 -
Government workers and postal employees have only a few legal ways to have Thrift Savings Plan accounts worth more than $1 million. Senior Correspondent Mike Causey shares the details.
April 13, 2017 -
Financial planner Arthur Stein offers investment strategies on Your Turn with Mike Causey for just-starting-out feds, people mid-career and those facing retirement or already there.
April 12, 2017 -
How do you legally become a millionaire on the side using just your government paycheck? A reader gives Senior Correspondent Mike Causey the lowdown.
April 10, 2017 -
Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.
April 07, 2017 -
The Office of Personnel Managment has made some progress in working through the spike in retirement claims it saw earlier this year. However, the agency still has a higher overall backlog in claims than did a year ago.
April 06, 2017 Maybe the coming warm weather here has you thinking how nice it would be to go to that Tuesday day game. Face it. You've got the retirement bug. Federal Drive with Tom Temin talked with Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, about how to get a jump on planning.
April 05, 2017